Address
204 Balsam Avenue S, Hamilton, ON
Price
$ 989,900
Property Attributes
- ID#X13417808L8M3B8
- TypeSingle Family
- Listing Status Active
- MunicipalityHamilton
- CityHamilton
- NeighbourhoodBlakeley
- Postal CodeL8M 3B8
- StyleSingle Family Dwelling
- Price$ 989,900
- Bedrooms6
- Bathrooms3
- Half Bathrooms0
- Sqr Footage2000
Data Source:
RLP - CREA EN
Property Description
An exceptional investment opportunity in Hamilton's St.Clair/Blakeley neighbourhood. This skillfully renovated century home offers over 2,100 sq ft of finished living space across three self-contained units, making it an ideal investment property OR an incredible multi-generational home for a large family. Configured as a legal duplex with an in-law suite, it delivers strong rental income potential OR the flexibility to live in one unit while leasing the others potentially bringing your total housing expenses down. Talk about affordable! This property features three well-appointed suites with modern finishes throughout, including updated kitchens with subway tile backsplashes, stainless steel appliances, and in-suite laundry in each unit. Durable luxury vinyl plank flooring runs throughout, ensuring low maintenance and long-term durability. The well-designed layout includes a 2-bedroom unit with a stone patio, a 1-bedroom unit with a private deck, and a spacious 3-bedroom unit spanning two levels with a separate laundry room.Separate hydro meters allow for efficient expense management and increased net returns. The property is currently tenanted by reliable, long-term occupants who are easy to manage and paying at or slightly above market rents, providing immediate, consistent income. Additional features include four-car parking with front and rear alley access, a fully fenced and hardscaped backyard, and strong curb appeal with a covered front porch. Ideally located near Gage Park, Ottawa Street amenities, transit, and key commuter routes, this turnkey property represents a solid addition to any real estate portfolio with both income stability and future growth potential. RSA.
General Features
| Terms | SALE |
|---|---|
| Neighbourhood | Blakeley |
| Construction Style | Detached |
| Property Sub Type | Single Family |
| jumpId | 28358993 |
| Property Subtype French | Single Family Dwelling |
| Listing Type French | House |
| MLS | X13417808 |
| Appliances | Dishwasher, Dryer, Microwave, Stove, Washer, Refrigerator |
| Building Type | House |
| Features | Paved yard, Carpet Free |
| Property Type | Single Family |
| Sewer | Sanitary sewer |
| Structure Type | Porch |
Interior Features
| Living Area Range | 2000 sqft |
|---|---|
| Bedrooms | 6 |
| Basement | Finished |
| Basement Type | N/A, Full, N/A |
| Cooling Type | Central air conditioning |
| Foundation Type | Block |
| Heating Fuel | Natural gas |
| Heating Type | Forced air |
| Beds | 6 |
| Total Baths | 3 |
| Total Baths | 3 |
Exterior Features
| Exterior Finish | Aluminum siding, Brick |
|---|---|
| Parking Type | No Garage |
Amenities
- Views
- New Construction
- Adult 55+
- Lease To Own
- No Strata Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in L8M 3B8
Price
In The Neighbourhood
Hamilton
$ 519,000
- Type
- Single Family
- Size
- 1,500 SqFt
- Rooms
- 3 Beds + 1.5 Baths
Listed by: RIGHT AT HOME REALTY
Hamilton
$ 999,900
- Type
- Single Family
- Size
- 3,000 SqFt
- Rooms
- 5 Beds + 3.5 Baths
Listed by: RE/MAX ESCARPMENT REALTY INC.
The information on this system is from sources deemed reliable, but should not be relied upon without independent verification. All data contained in the system is property of REALTORS ® Association of Hamilton-Burlington © 2018 or the originating source board/association.